8-K 1 a08-7703_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): March 5, 2008

 

AXSYS TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-16182

 

11-1962029

(State or other jurisdiction of
incorporation or organization)

 

(Commission File Number)

 

(IRS Employer
Identification Number)

 

 

 

 

 

175 Capital Boulevard, Suite 103

 

 

Rocky Hill, Connecticut

 

06067

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (860) 257-0200

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 5.02.  DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANEMENTS OF CERTAIN OFFICERS

 

On March 5, 2008, the Compensation Committee of the Board of Directors of Axsys Technologies, Inc.(“the Company”) approved incentive payments for Stephen W. Bershad, the Company’s Chief Executive Officer, David A. Almeida, the Company’s Executive Vice President and Chief Financial Officer, and Scott B. Conner, the Company’s President and Chief Operating Officer, of $318,160, $222,712 and $217,644, respectively, under the Company’s Annual Cash Management Incentive Plan based on the Company’s performance in fiscal year 2007.

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

Date:  March 11, 2008

 

 

AXSYS TECHNOLOGIES, INC.

 

(Registrant)

 

 

 

 

 

By:

/s/ David A. Almeida

 

 

David A. Almeida

 

 

Chief Financial Officer

 

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